The Economics of Tourism and Sustainable Development

About this book

Tourism is both a growth industry and the world's number one export earner. It is therefore no surprise that the role of tourism is increasingly gaining prominence in the debate over how we can move towards more sustainable patterns of development. An enormous literature has emerged on the three pillars of sustainable development - environment, culture and economics - and on how tourism impacts and interacts with them. This timely and original book is firmly grounded in the theory and application of economics, in contrast to much of the previous research which has tended to adopt an environmental or sociological perspective.

Contents

Preface Introduction 1. An Investigation on the Growth Performance of Small Tourism Countries 2. Forecasting International Tourism Demand and Uncertainty for Barbados, Cyprus and Fiji 3. Land, Environmental Externalities and Tourism Development 4. Tourism, Trade and Domestic Welfare 5. How to Develop an Accounting Framework for Ecologically Sustainable Tourism 6. The Effect of Climate Change and Extreme Weather Events on Tourism 7. Sustainable Tourism and Economic Instruments: The Case of Hvar, Croatia 8. Tourism and Sustainable Development: Lessons from Recent World Bank Experience 9. Using Data Envelopment Analysis to Evaluate Environmentally Conscious Tourism Management 10. A Tale of Two Tourism Paradises; Puerto Plata and Punta Cana - The Determinants of Room Price in Dominican Republic Using a Hedonic Function Approach 11. A Choice Experiment Study to Plan Tourism Expansion in Luang Prabang, Laos Index.

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